2-bed · 1,359 sqftNoura Tower, Business Bay · 14th floor · completed 2022

1402, Noura Tower

Sold prices and rental history: sold twice, last in March 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.7M15 March 2023
Current rentAED 155K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Noura Tower

What is 1402 worth today?

Last sold for AED 1,700,000 in 2023

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1 Oct 2024RentedNew contract
AED 155,000/yr12 months · AED 114 per sqft
15 Mar 2023SoldReady
AED 1,700,000AED 1,251 per sqft
1 Sep 2022RentedNew contract
AED 88,000/yr12 months · AED 65 per sqft
1 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
14 Dec 2016Sold by developerOff-plan
AED 2,954,791AED 2,175 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
14th of 68
Parking
L5-174
Developer
Al Habtoor City Real Estate Development
Completed
2022
Service charge
AED 21,100 /yr
Last sold
AED 1.7M · March 2023
Building
Noura Tower

About 1402, Noura Tower

1402 is a two-bedroom apartment of 1,359 sqft on the 14th floor of Noura Tower, a 68-storey tower in Business Bay completed in 2022 by Al Habtoor City Real Estate Development. It last sold on 15 March 2023 for AED 1,700,000, or AED 1,251 per sqft, 5% below the AED 1,323 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 October 2024, is AED 155,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical two-bed in Noura Tower
2M3M2016201920222025Typical sale price by year: 2016 AED 3,452,195; 2017 AED 2,661,480; 2018 AED 2,215,112; 2019 AED 2,100,000; 2020 AED 1,813,500; 2021 AED 1,677,488; 2022 AED 1,651,624; 2023 AED 2,290,000; 2024 AED 2,325,000; 2025 AED 2,400,000Sold by developer, December 2016: AED 2,954,791 (AED 2,175 per sqft)Sold, March 2023: AED 1,700,000 (AED 1,251 per sqft)

1402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, each contractTypical two-bed in Noura Tower
100K150K2018202120242027Typical rent by year: 2018 AED 110,000; 2019 AED 105,000; 2020 AED 95,000; 2021 AED 93,000; 2022 AED 113,250; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 155,000New contract, September 2021: AED 80,000 a yearNew contract, September 2022: AED 88,000 a yearNew contract, October 2024: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Noura Tower, and where 1402 sits

All 265 2-beds →

1402 last sold in March 2023 at AED 1,251 per sqft, 5% below what two-beds in Noura Tower were fetching at the time (AED 1,323). Over the last 12 months two-beds sold for AED 2,300,000 to 2,700,000, around AED 1,654 per sqft, and rent for AED 140,000 to 170,001 a year. 1402's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20262,700,000
6 Dec 20252,300,000
21 Jul 20252,400,000
23 Jun 20252,440,000
2 2-bed sales in the last 12 months

Noura Tower

Building

543 apartments, 1-bed to 6-bed over 68 floors in Business Bay, completed in 2022 by Al Habtoor City Real Estate Development. 9 sold in the last 12 months.

Typical price per sqft
AED 1,914
Typical sale
AED 1.75M
Typical rent
AED 149K /yr
Typical yield
6.1%
Noura Tower, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 543 units in Noura Tower
Value
14012-bedAED 2.2M · Mar 2022
14031-bedAED 1.8M · Sep 2016
14042-bedAED 3.49M · Aug 2016
14051-bedAED 1.15M · Jun 2021
14061-bedAED 2.31M · Aug 2016
14071-bedAED 600K · Aug 2019
14081-bedAED 1.72M · Nov 2016
1–7 of 10

1402, Noura Tower in numbers

  • Sold twice: first on 14 December 2016 for AED 2,954,791, last on 15 March 2023 for AED 1,700,000 (AED 1,251 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 80,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 21,100 a year (AED 15.53 per sqft).
  • Two-beds in Noura Tower sold for AED 2,300,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,914 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 1402, Noura Tower

What did unit 1402 last sell for?

AED 1,700,000 on 15 March 2023: AED 1,251 per sqft for 1,359 sqft. The unit has 2 registered sales; the first was AED 2,954,791 in December 2016.

What is the rent for unit 1402?

AED 155,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2022, was AED 88,000; the unit has been rented since September 2021.

How big is unit 1402?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 14th floor of a 68-storey tower completed in 2022.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Noura Tower sold for AED 2,300,000 to 2,700,000 in the last 12 months, around AED 1,654 per sqft.

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Mortgage on 1402, Noura Tower

Starts from the last sale price (AED 1.7M, 15 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →